商業快報

US bankers head to ‘Davos in the desert’ despite Saudi tensions

West keen to tap kingdom’s oil wealth as it enjoys a petrodollar-fuelled boom

Relations between the US and Saudi Arabia may have plunged to a new low after the kingdom cut oil production in defiance of Washington’s wishes, but for American banks and investors flocking to a Riyadh conference this week it is business as usual.

Jamie Dimon, chief executive of JPMorgan Chase, Blackstone co-founder Stephen Schwarzman and David Solomon, head of Goldman Sachs, are among a host of western executives scheduled to speak at the Future Investment Initiative.

The conference, dubbed the “Davos in the Desert”, opens on Tuesday just two weeks after US president Joe Biden warned Riyadh that there would “consequences” after Opec+ cut its daily output targets by 2mn barrels.

您已閱讀13%(688字),剩餘87%(4677字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。
版權聲明:本文版權歸FT中文網所有,未經允許任何單位或個人不得轉載,複製或以任何其他方式使用本文全部或部分,侵權必究。
設置字型大小×
最小
較小
默認
較大
最大
分享×